Ether ETF Outflows Don End 8-Day Inflow, Dem Threaten ETH Rally
Spot Ether ETFs record $59.3 million net outflows last Friday, stop di eight-day inflow run wey pullin $3.7 billion. Since dem start inside July 2024, dis funds don gather $12.68 billion. Ether price near e 2021 high $4,878 but e drop back go about $4,448. Analysts dey warn say steady Ether ETF inflows na key to keep bullish momentum and hold sustain recovery. On-chain metrics show 877,106 ETH dey queue for withdrawal, but ETF plus treasury buying don balance some selling pressure. In di last 30 days, Ether don rise like 30%, pass Bitcoin performance. Nansen guy Jake Kennis talk say di rally depend on strong flows and better story, while trader Langerius predict $10,000 price if weekly inflows continue. Traders go dey watch ETF flows, staking development and market feel as important signal for Ethereum next move.
Bearish
Short term, when ETF money dey comot, e fit cause price corrections as institutions go dey sell well well and market feeling go cool down. The recent $59.3 million withdrawal stop one strong inflow run, make ETH comot from im 2021 peak. Traders fit dey careful until inflows start again. Long term, Ethereum recovery still dey depend on sustained institution demand, staking growth, and on-chain metrics. If weekly inflows start pick up again and the story remain strong, ETH fit regain im uptrend. But if ETF support no steady, bearish pressure fit continue.